Director, NIBR Business Development & Licensing Finance

322132BR
USA

Job Description

5,600. The number of people dedicated to discovery across 6 research locations around the globe! The Novartis Institutes for BioMedical Research (NIBR) is THE innovation engine of Novartis. We collaborate across scientific and organizational boundaries, with a focus on powerful new technologies that have the potential to help produce therapeutic breakthroughs for patients.

As the Director - NIBR BD&L (Business Development and Licensing) Finance, you will partner with NIBR Development & Licensing to identify, analyze, and successfully close BD&L opportunities and manage alliances, which support NIBR business strategy.

This position will also contribute to NIBR’s BD&L finance and deal strategy by managing key enabling financial processes (planning & reporting), systems, and analysis associated with external collaboration, licensing, and acquisition and divestment deals

Your key responsibilities:
Your responsibilities include, but are not limited to:

• Providing independent and high-quality financial support to all BD&L transactions and Alliance Management processes including Licensing, Acquisition, Collaborations, Out-licensing, Strategic equity investments, and other strategic business initiatives. Making recommendations for financial structure and terms to maximize value to Novartis while minimizing risk across deal life cycle.

• Collecting input from key finance (Accounting, Tax, Funds Flow, Innovative Medicines and Group Finance) stakeholders and incorporate their feedback on term sheet/contracts in a timely manner. Taking a proactive role in informing and finding solutions to the negotiations lead of financial issues.

• Leading analysis of financial analysis and models underpinning deal terms; analyzing deal economics quickly to identify key value drivers and looks at key sensitivities. Preparation of the business case with specific responsibility for financial aspects including P&Ls, cash flow analyses, sensitivity analyses, and other relevant financial metrics slides for presentation to the NIBR Deal Committee (NDC) and other governance committees.

• Functioning as a trusted member of the Deal and Alliance Management teams in face-to-face negotiations with external parties. Constructively challenging deal terms and working towards solutions that do not meet financial prudence, risk management, governance needs of Novartis.

• Owning end-to-end financial impact of the portfolio managed: Proper planning and reporting of BD&L targets (P&L, Balance Sheet, Cash Flow) as applicable to portfolio of deals and alliances managed. Ensuring proper and timely accounting for Intangibles, Equity, Loans, Contingent Considerations, and Impairment/Amortization for the deal portfolio managed across entities in US and Basel.

• Will serve as a strong communicator to represent Novartis Finance for a BD&L transaction, internally at top management levels within Novartis, and externally with partners.

Diversity & Inclusion / EEO

The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.

Minimum Requirements

The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
NIBR
CFO
USA
Cambridge, MA
Audit & Finance
Full Time
Regular
No
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322132BR

Director, NIBR Business Development & Licensing Finance

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